England and Eurozone Perspective

While we fret about what to do with Citi, BoA and other "too big to fail" banks, England and the eurozone are having their problems too. Here are a few short articles to get a perspective from across the Atlantic.

Bank injection means we are all monetarists now - David Smith explains the latest in the Bank of England's experiment with quantitative easing.

Thanks to the Bank it's a crisis; in the eurozone it's a total catastrophe - Ambrose Evans-Pritchard, in a somewhat agitated state, gives a short sketch of the dire situtation and concludes that it is good to have a central bank that can print money.

Europe in Reverse - Joschka Fischer describes some of the EU's "flaws and limitations" in dealing with the economic crisis (catastrophe).